GLOBE2025-01-012025-03-31GLOBE2025-03-31GLOBE2024-03-31GLOBE2024-04-012025-03-31GLOBE2025-01-012025-03-31in-capmkt:OtherExpenses1MemberGLOBE2024-04-012025-03-31in-capmkt:OtherExpenses1MemberGLOBE2025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1GLOBE2024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain1GLOBE2024-12-31RelatedPartyTransactionDomain1GLOBE2025-03-31RelatedPartyTransactionDomain1GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain2GLOBE2024-12-31RelatedPartyTransactionDomain2GLOBE2025-03-31RelatedPartyTransactionDomain2GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain3GLOBE2024-12-31RelatedPartyTransactionDomain3GLOBE2025-03-31RelatedPartyTransactionDomain3GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain4GLOBE2024-12-31RelatedPartyTransactionDomain4GLOBE2025-03-31RelatedPartyTransactionDomain4GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain5GLOBE2024-12-31RelatedPartyTransactionDomain5GLOBE2025-03-31RelatedPartyTransactionDomain5GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain6GLOBE2024-12-31RelatedPartyTransactionDomain6GLOBE2025-03-31RelatedPartyTransactionDomain6GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain7GLOBE2024-12-31RelatedPartyTransactionDomain7GLOBE2025-03-31RelatedPartyTransactionDomain7GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain8GLOBE2024-12-31RelatedPartyTransactionDomain8GLOBE2025-03-31RelatedPartyTransactionDomain8GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain9GLOBE2024-12-31RelatedPartyTransactionDomain9GLOBE2025-03-31RelatedPartyTransactionDomain9GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain10GLOBE2024-12-31RelatedPartyTransactionDomain10GLOBE2025-03-31RelatedPartyTransactionDomain10GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain11GLOBE2024-12-31RelatedPartyTransactionDomain11GLOBE2025-03-31RelatedPartyTransactionDomain11GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain12GLOBE2024-12-31RelatedPartyTransactionDomain12GLOBE2025-03-31RelatedPartyTransactionDomain12GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain13GLOBE2024-12-31RelatedPartyTransactionDomain13GLOBE2025-03-31RelatedPartyTransactionDomain13GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain14GLOBE2024-12-31RelatedPartyTransactionDomain14GLOBE2025-03-31RelatedPartyTransactionDomain14GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain15GLOBE2024-12-31RelatedPartyTransactionDomain15GLOBE2025-03-31RelatedPartyTransactionDomain15GLOBE2025-01-012025-03-31RelatedPartyTransactionDomain16GLOBE2024-12-31RelatedPartyTransactionDomain16GLOBE2025-03-31RelatedPartyTransactionDomain16GLOBE2025-01-012025-03-31AuditorDomain1GLOBE2025-03-31Statement1GLOBE2025-01-012025-03-31Statement1GLOBE2025-03-31StatementDynamic1I1Statement1GLOBE2025-03-31StatementDynamic1I2Statement1GLOBE2025-03-31StatementDynamic1I3Statement1GLOBE2025-03-31StatementDynamic1I4Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares000000GLOBENOTLISTEDINE581X01021GLOBE TEXTILES (INDIA) LIMITEDMain BoardEquity2024-04-012025-03-312025-05-212025-05-12INRLakhsQuarterlyFourth quarterSingle segmentTrading and Manufacturing of Textile items2025-05-2113:15:002025-05-2114:40:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2025-05-21https://globetextiles.net/wp-content/uploads/2024/04/Policy-on-Related-Party-Transaction.pdftrue1falseno deafult on loan2025-01-012025-03-31AuditedStandalone1235845000732800012431730005718450004086070001110100004315800045566000679200046425000123340300097700000977000052760001470000674600003024000000030240001535000455900090083800020.010.01000.010.01Notes to the financial results <BR> <BR> 1. The above standalone financial results have been prepared based on audited financial statements of Globe Textiles India Limited These financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held on May 21 2025. <BR> <BR> 2 The above standalone financial results have been prepared in accordance with the Indian Accounting Standards IND AS as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder. <BR> <BR> 3. The Company operating segments are established in a manner consistent with the components of the Company that is evaluated regularly by the Chief Operating Decision Maker as defined in Ind AS 108 Operating Segments. The Company is engaged primarily in the business of Textile Trading and Manufacturing and there are no separate reportable segments as per Ind AS 108. <BR> <BR> 4. Pursuant to authorization of further infusion of capital through Rights issue by the Board of Directors of the Company at its meeting held on October 23 2024 and other resolutions passed on January 10 2025 approving final letter of offer issue size fixing the right issue price right entitlement ratio in accordance with the provisions of the Companies Act 2013 and the applicable rules prescribed under the Securities and Exchange Board of India Issue of Capital and Disclosure Requirement Regulations 2018 as amended, the Company had issued 150139596 fully paid-up Equity Shares of face value of Rs. 2 each at a price of Rs. 3 per Equity Share including a premium of Rs. 1 per Equity Share aggregating to Rs. 4504.19 Lakhs on a rights basis to eligible equity shareholders in the ratio of one Equity Share for every two fully paid-up Equity Share held on the record date that is January 17 2025. These equity shares were allotted on February 13 2025. <BR> <BR> The fresh allotment of equity shares through Rights Issue as stated above had resulted in an increase of equity share capital by Rs3002.79 Lakhs and securities premium reserve by Rs 1501.40 Lakhs. <BR> <BR> <BR> 5. The Board of Directors of the Company in its meeting held on March 08 2025, approved the acquisition of the remaining 30 percent equity shareholding in Globe Denwash Private Limited a subsidiary of the Company. Upon completion of this transaction on or before March 31 2025 Globe Denwash Private Limited has become a wholly owned subsidiary of Globe Textiles India Limited thereby increasing the Companys holding from 70 to 100 percent <BR> <BR> 6. Pursuant to Ind AS 33 Earnings Per Share the Basic and Diluted earnings per share for the previous periods have been restated for the bonus element in respect of the Rights issue of shares made during the fourth quarter of the financial year ended March 31 2025. <BR> <BR> 7. During the yearcyclone caused damage to small parts of the companys fabric processing unit and few plant & machinery. The company promptly filed an insurance claim to offset the impact of this disaster. After thorough assesement, the insurance company approved and disbursed a claim of Rs. 109.86 lakhs This amount has been recorded under Exceptional Items in the standalone financial results. <BR> <BR> 8. The figures for the quarter ended March 31 2025 and March 31 2024 represent the difference between the audited figures in respect of the full financial year and the unaudited published year to date figures upto the third quarter of the financial year which were subject to limited review. <BR> <BR> 9. The Results can also be viewed on the website of the Company on www.globetextiles.net and on the website of NSE where the Company's shares are listed i.e. at www.nseindia.com.2024-04-012025-03-31AuditedStandalone524256500012783000525534800028478450002043267000-216403000186243000137635000282410001459140005172742000826060001098600093592000245760006470002522300006836900000006836900018240007019300090083000026354000000.210.21000.210.21Other Expenses46425000Other Expenses1459140002657680005920000080500000013480000328499000329847000141670000611179000121080100001627352000344900001698900007995000180868600001031410003122628000003733807000900838000635400000153623800015362380006084000000006084000099460001092600000817120001309399000947200070295500071242700029015000205084100038989000710000018927000021158570000021975690003733807000137635000-197326000-613934000012850000001275800001887330000475000207420002824100009660000-51270006696000263000017510000-34600000000-409125000-315533000000237200000-339253000032624000000000015000001253500000000000000000000017500000-918000-33644300000427568000000006122000-551199000001376950000-16969600067749800018020000180200016480003450000Items that will not be reclassified to profit or loss20510002051000Items that will not be reclassified to profit or loss243700024370005160006130000015350001824000Globe Textiles (India) Limited ******Globe Denwash Private Limited******SubsidiarySale of goods or services21-05-2024150978000-242600061038000Globe Textiles (India) Limited******Globe Denwash Private Limited******SubsidiaryPurchase of goods or services21-05-2024189668000-242600061038000Globe Textiles (India) Limited******Globe Denwash Private Limited******SubsidiaryInterest received21-05-20241385000-242600061038000Globe Textiles (India) Limited******Globe Denwash Private Limited******SubsidiaryAny other transactionReimbursement of Expesenses21-05-2024698000-242600061038000Globe Textiles (India) Limited******Globe Denwash Private Limited******SubsidiaryLoan21-05-2024169466000-242600061038000Globe Textiles (India) Limited******Globe Denwash Private Limited******SubsidiaryInvestment21-05-2024326240000-242600061038000Globe Textiles (India) Limited******Bhavik Suryakant Parikh******KMPRemuneration21-05-202447700003300001099000Globe Textiles (India) Limited******Nilaybhai Jagdishbhai Vora******Director/promoterRemuneration21-05-202410810008700061000Globe Textiles (India) Limited******Bhavin Suryakant Parikh******KMPRemuneration21-05-2024357000028900026441000Globe Textiles (India) Limited******Faruk Hanifkhan Diwan******KMPRemuneration21-05-2024516000400062000Globe Textiles (India) Limited******Monali Maheshwari******KMPRemuneration21-05-2024324000680000Globe Textiles (India) Limited******Nilaybhai Jagdishbhai Vora******Director/promoterAny other transactionReimbursement of Expesenses21-05-20244650008700061000Globe Textiles (India) Limited******Faruk Hanifkhan Diwan******KMPAny other transactionReimbursement of Expesenses21-05-202413000400062000Globe Textiles (India) Limited******Monali Maheshwari******KMPAny other transactionReimbursement of Expesenses21-05-20246000680000Globe Textiles (India) Limited******Bhavik Suryakant Parikh******KMPLoan21-05-20245200003300001099000Globe Textiles (India) Limited******Bhavin Suryakant Parikh******KMPLoan21-05-20242644100028900026441000876141000AuditedtrueDHARMESH PARIKH & CO LLPtrue2025-10-31Public Issues2025-02-13450418788000002025-03-31falsetruefalseThe total subscription received from the Rights Issue was Rs 4504.18 lakhs After accounting for Rs 64 lakhs utilized towards issue-related expenditures the Net Issue Proceeds available for utilisation stands at Rs 4440.18 lakhs Given this shortfall compared to the initially proposed net proceeds of Rs. 4900 lakhs the allocation under General Corporate Purposes and Working Capital has been adjusted accordinglyNoneNoneBhavik Suryakant ParikhManaging DirectorAhmedabad2025-05-21Acquisition of Equity Shares in Globe Denwash Private LimitedNot Applicable14331000001433100000No deviation / variationRepayment of Loan availed from the related party through conversion outstanding Loan to EquityNot Applicable16808100001680810000No deviation / variationWorking CapitalNot Applicable15000000011337300011337300036626000Due to the shortfall in subscription of the Rights Issue (Rs. 45 crores received against the originally proposed Rs 49 crores), the amount allocated under General Corporate Purposes and Working Capital has been adjusted accordingly. The revised allocation ensures that essential objectives outlined in the Letter of Offer remain adequately funded, while proportionately reducing the amount earmarked for general corporate purposes and Working CapitalGeneral Corporate PurposeNot Applicable2220900019254000192540002955000Due to the shortfall in subscription of the Rights Issue (Rs. 45 crores received against the originally proposed Rs 49 crores), the amount allocated under General Corporate Purposes and Working Capital has been adjusted accordingly. The revised allocation ensures that essential objectives outlined in the Letter of Offer remain adequately funded, while proportionately reducing the amount earmarked for general corporate purposes and Working Capital